Finance committee  Thank you, Mr. McCallum. I think what I've proposed to the committee today is the principle that there should be an incentive for small and medium-size businesses to stay within family hands. The exact logistics or details on how it would work, what the cap would be, and what t

Finance committee  I think if it's inducing small businesses to remain within the family unit as opposed to transplanting to other parts of the country where everything is being centralized, it would be a good thing. I don't see how anybody could be opposed to that.

Finance committee  I'm sorry, Mr. Dechert, I didn't understand the first part of the question.

Finance committee  The global value or the per business value?

Finance committee  No, not really. I can tell you that per business it would range anywhere from $600,000 up to several million.

Finance committee  In my opinion, it would be until the business leaves the family's hands. As long as the business stays in the family, the tax scheme would apply. When the business leaves the family's hands, the normal tax scheme would apply.

Finance committee  That's correct.

Finance committee  That's exactly it, until the business leaves the family.

Finance committee  It is one of our concerns, obviously, but it's not a budget matter. We are here simply to make a budget recommendation regarding taxes, government spending.

Finance committee  Thank you, Mr. Chair. Merci, monsieur le président. My name is Steve Masnyk. I am the manager of public affairs for the Insurance Brokers Association of Canada. As most of you know, the Insurance Brokers Association of Canada represents over 33,000 general insurance brokers ac